Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for MYR Group Inc (NASDAQ: MYRG) weakened in the last week. MYRG’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
MYR Group Inc (NASDAQ: MYRG) stock enjoyed a large increase of 5.0% on 3/14/25. The stock closed at $117.21. Moreover, above average trading volume at 131% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -1.9% during the last week.
Current PriceTarget Research Rating
MYR Group has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. MYR Group has a slightly negative Appreciation Score of 32 but a good Power Rating of 84, resulting in the High Neutral Value Trend Rating.
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